12/01/2015
Trafigura Says It's Winding Down Flagship Commodity Hedge Fund
Investors have been informed and trading positions are being unwound in an orderly manner.
Alternative Investments
12/01/2015
Pzena Investment Management Enters Retail Market With Expanded Leadership Team
Pzena, based in New York, manages value equity portfolios for endowments, foundations, pension plans, and leading asset managers from around the world.
11/30/2015
Bill Gates Set to Launch Largest Clean Energy Fund Ever to Kick Off Climate Talks
At the summit, the world’s largest nations, including China, India and the U.S., are also expected to arrive at agreements for clean energy investment
11/30/2015
FlexTrade WinsHedge Fund Award for Best Trading Platform
Receives Honor at HFM European Hedge Fund Technology Awards Ceremony 2015 in London
11/30/2015
Financial Institutions to acquire investment advisory firm
The company has more than $1.2 billion in assets under management and is adviser to an additional $335 million of assets.
11/30/2015
Dallas’s Aristos Aims to Micro-Size Investment for Tech Startups
Though the second startup was a bust, Mendoza says both experiences hooked him to entrepreneurship and the challenges of building a company from scratch.
11/30/2015
Penn Mutual Asset Management Promotes Mark Heppenstall to Chief Investment Officer
Heppenstall will continue to lend his expertise in the management of investment grade rated corporate and structured fixed income investments, while taking on a larger role shaping the firm’s overall investment strategy.
11/27/2015
BCG launches global Private Equity industry practice
Late September the firm revealed it has launched a new industry unit focussed on the private equity domain
11/26/2015
Oil Find Prompts Guyana to Create Sovereign Wealth Fund
Essequibo is a resource-rich area of 167,839 sq. kilometers (64,800 sq. miles).
11/26/2015
World Bank Group Pension Plan Signs on to Principles for Responsible Investment
The decision to join the PRI follows a yearlong review process
11/25/2015
Baird to Acquire Global Asset Manager Chautauqua Capital Management
Adds Experienced Global Investment Management Team and Institutional Track Record
11/24/2015
How Activist Hedge Funds Turn Others Into Vultures
Corporate raiders have joined forces with institutional investors and others in the financial sector
11/24/2015
A New Way To Fund Unicorns Starts To Look Less Magical
Another company that has raised money via numerous SPVs is the digital scrapbooking company Pinterest.
11/24/2015
Warburg pincus completes fundraising for $12 billion global private equity fund
Warburg Pincus XII's Limited Partners include leading public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations and wealthy individuals.
11/24/2015
BMO Capital Markets Awarded Best Bank for the Canadian Dollar by FX Week for the Fifth Consecutive Year
BMO Recognized for Excellence in Helping Clients With Foreign Exchange Needs
11/19/2015
Hedge fund Achievement Asset Management to return money to investors
This is obviously not what we were aiming for and I just don't think my strategy makes a lot of sense in this market environment so I just decided to give everybody their money back and regroup
11/19/2015
French private equity firm raises €1.1bn for co-investment fund
Was already one-third invested through 11 deals, which began before the fund closed.
11/19/2015
A Flurry of Growth in the Online Financial Advice Field
More traditional financial services companies are introducing their own online and digital-only advisers.
11/19/2015
BlackRock to close poor performing $1bn macro hedge fund
The Fortress fund, managed by Mike Novogratz, had been one of the worst performing large hedge funds in the world this year.
11/17/2015
Sankaty Advisors to Acquire Four CLOs with $1.6 Billion of Assets from Regiment Capital Advisors
The firm has managed 27 CLOs since inception. Sankaty currently has 12 CLOs in the U.S. and Europe under their management.